$SNDK BOUNCE FROM SUPPORT โ CAN IT RECOVER $1,430? ๐
Entry: $1,360 โ $1,390 ๐ฅ
Target: $1,430 / $1,500 / $1,580 ๐
Stop Loss: $1,295 โ ๏ธ
SNDK just swept a key demand zone near $1,310 and is attempting a counter-trend recovery. Price must clear $1,430 to confirm near-term momentum, but the daily trend remains bearish โ this is a high-risk structural bounce, not a reversal.
Volume remains suppressed on the 4H, so any rally will need aggressive buying through $1,430 to gain traction. Partial profits and a move to breakeven after TP1 are essential here.
Are you taking this bounce or staying short?
Not financial advice. Always manage your risk.
#SNDK #LongSetup #CounterTrade #BounceTrade ๐